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Shares of Cisco Systems, Inc. (NASDAQ: CSCO) were trading higher by more than 2.5 percent on Tuesday. The company detailed a new partnership with Pivotal Software, Inc.
Pivotal Software provides software and services for the development of custom applications for data and analytics based on cloud computing technology. The company is a spin-out and joint venture of EMC Corporation (NYSE: EMC) and VMware, Inc. (NYSE: VMW).
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Cisco and Pivotal will deliver a "turnkey enterprise cloud platform that enables customers to innovate faster, and respond to market opportunities with start-up speed and enterprise reliability."
As part of the agreement, Cisco will sell Pivotal's software on Metapod. Pivotal's products helps developers build and run software on the cloud while Cisco's service helps companies transform their data centers to be more cloud-friendly.
"Digital transformation is driving the need for development teams to move faster than ever before," said Peder Ulander, vice president, Cloud and Managed Services Organization at Cisco. "With the integration of Cisco Metapod and Pivotal Cloud Foundry, Cisco is pulling together the leading managed private cloud solution with the leading Cloud Native developer experience to help customers quickly and easily modernize their IT along their digital transformation journey."
"As enterprises modernize for the cloud era, they can rest assured that Cisco Metapod provides a custom, managed solution that addresses the complex and unique constraints specific to their requirements," said James Watters, senior vice president, Products at Pivotal. "And with Pivotal Cloud Foundry, Metapod customers gain a comprehensive, modern, enterprise-grade Cloud Native platform that delivers the flexibility, speed and scale needed to quickly build and deploy next generation applications that rival that of Silicon Valley's most renowned start-ups."
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.